Wallbox N.V Dossier
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SectorIndustrials IndustryElectrical Equipment Beta (adjusted)1.68 Intrinsic Value $3.75median of 2 methodsbased on filings through 30 Jun 2025 Market Price $2.77Price as of 30 Sep 2026 UndervaluedIntrinsic value is 35% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $67.2M Enterprise Value $204.6M Shares Outstanding 24.3M diluted Next Earnings Date4 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Wallbox N.V. is navigating a critical operational and financial transition. While the company continues to lead in smart EV charging and energy management solutions globally, it is currently under severe financial stress, characterized by negative equity of €31.5 million and a working capital deficit as of late 2025. However, Q1 2026 results show positive signs of operational stabilization, including a 31% YoY reduction in labor and operating expenses, a 15% sequential inventory reduction, and the securing of €11 million in interim financing alongside a signed comprehensive restructuring plan. A 'Hold' recommendation is advised until the debt restructuring is fully executed and capital structure visibility unlocks deferred customer demand. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$4.00 Mean target$5.50 High · most bullish analyst$7.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $1.0020% The court-supervised debt restructuring faces legal or creditor hurdles, leading to severe liquidity shortfalls. Customer order delays persist due to prolonged capital structure uncertainty, and gross margins remain depressed below 35% due to unfavorable product mix and pricing pressure from competitors. Base CaseCentral scenario $3.0050% Wallbox successfully implements its restructuring plan, stabilizing its liquidity position. Revenue grows sequentially in Q2 2026 to €33M–€36M with gross margins recovering to the 38%–40% range. Operational cost controls keep quarterly Adjusted EBITDA losses narrow, but the path to full net profitability remains gradual through 2027. Bull CaseUpside scenario $5.0030% The signed refinancing plan is fully executed, restoring capital structure visibility and unlocking delayed customer orders. Gross margins expand past 40% driven by vertical integration and a higher mix of DC fast chargers (Supernova). North American sales rebound strongly, and the company achieves positive Adjusted EBITDA by late 2026. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |